What Silver Viper Minerals does

Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company focused on advancing precious metals projects in Mexico. The company operates three 100%-owned assets: its flagship La Virginia Gold-Silver Project in Sonora (indicated resources of 154,300 oz Au and 6.93M oz Ag; inferred resources of 260,300 oz Au and 12.94M oz Ag), its second flagship Coneto Silver-Gold Project in Durango (inferred resources of 286,000 oz Au and 19.1M oz Ag, representing 538,000 AuEq oz at 3.15 g/t), and the Cimarron Gold-Copper Project in Sinaloa (historical inferred 77,381 oz Au). The company employs conventional mineral exploration techniques including diamond drilling, geophysical surveys (Titan MT Deep Penetrating Geophysical Survey, helicopter-borne magnetic and radiometric surveys), Terraspec spectral analysis, and geochemical sampling. As of late 2025, the company had completed 64,343 metres of total drilling at La Virginia, building on 52,635 metres of historic drilling by prior operators.

As a pre-revenue exploration entity, Silver Viper finances its operations entirely through equity raises via private placement offerings to institutional and accredited investors. The company is dual-listed on the TSX Venture Exchange (TSX.V: VIPR) and the OTCQX Best Market (OTCQX: VIPRF) and has raised over $21 million in growth capital during 2025, including a $17 million placement upsized twice due to oversubscribed institutional demand. Notable shareholders and backers include Eric Sprott (who increased his stake in July 2025) and, following the May 2026 Coneto closing, Fresnillo plc and Orex Minerals Inc., with Fresnillo's Luca Mining Director Ruben Alvidrez appointed to the board. The company is managed by Belcarra Group Management Ltd. and led by President and CEO Steve Cope. The primary end customer for the equity is institutional and high-net-worth investors seeking exposure to precious metals exploration in Mexico's Sierra Madre silver belt.

Silver Viper's go-to-market strategy centers on investor relations and capital-markets engagement: presentations at industry conferences (Metals Investor Forum, Hard Money Conference), press release distribution, and engagement with specialized mining IR firms (Red Cloud Financial Services, Nordcore Media). The company achieved 453% share price appreciation in 2025 and was named to the 2026 TSX Venture 50. The long-term objective is to advance exploration projects to a stage sufficient to attract acquisition, joint venture, or strategic investment from major and mid-tier mining companies, monetizing the resource base through transactions rather than commercial production.

Name

Silver Viper Minerals

Legal name

Silver Viper Minerals Corp.

Website

https://silverviperminerals.com

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company advancing three 100%-owned gold, silver, and copper projects in Mexico. Pre-revenue, the company finances operations through equity raises targeting institutional mining investors and aims to attract major-miner acquisition or joint-venture interest.

Ownership category

akta.pro rank

Product category

Precious Metals Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (21222), Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

akta.pro secondary industries

Silver Mining (IMAKAEAB), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Gold silver exploration
• Precious metals mining
• Mineral resource estimation
• Junior mineral exploration
• Epithermal gold deposits

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Mineral Exploration (Pre-Revenue): Silver Viper Minerals is a pre-revenue junior mineral exploration company. It does not generate commercial production revenue. The company finances operations through equity raises (private placements) and aims to advance its precious metals projects in Mexico through exploration drilling with the goal of defining resources sufficient to attract acquisition or joint venture interest from major mining companies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Silver Viper Minerals Corp. is a pre-revenue junior mineral exploration company that advances 100%-owned gold, silver, and copper-gold exploration projects in Mexico. The company funds diamond drilling, geophysical surveys, and resource estimation work to define NI 43-101 compliant mineral resources at its three flagship projects (La Virginia, Coneto, and Cimarron), with the objective of delivering discoveries and resource growth attractive to major and mid-tier mining acquirers or joint-venture partners.

Product overview

Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company operating three key precious metals projects in Mexico. The company operates a single-asset focused business model centered on its flagship La Virginia Gold-Silver Project in Sonora, complemented by the recently acquired Coneto Silver-Gold Project in Durango (second flagship) and the Cimarron Gold-Copper Project in Sinaloa. All three projects are 100% owned and represent a portfolio of epithermal gold-silver and gold-copper porphyry targets in Mexico's prolific mining districts.

Differentiator

Problem solved

Functional benefit

Products and services

• La Virginia Gold-Silver Project A 100%-owned low-sulphidation epithermal gold-silver project in Sonora, Mexico, with indicated resources of 154,300 oz Au and 6,929,000 oz Ag and inferred resources of 260,300 oz Au and 12,941,300 oz Ag. Targeted by a 60,000-metre drill campaign focused on the El Rubi discovery and other prospects, with an updated resource estimate anticipated in Q2 2026.
• Coneto Silver-Gold Project A 100%-owned silver-gold project located in the Mexican Silver Trend in Durango State, covering 4,995 hectares with more than 40 known epithermal quartz veins. Hosts inferred resources of 286,000 oz Au at 1.67 g/t and 19.1 million oz Ag at 112 g/t, representing 538,000 gold-equivalent ounces at 3.15 g/t, with over US$6 million in historic exploration completed by Fresnillo.
• Cimarron Gold-Copper Project A 100%-owned gold-copper project in Sinaloa, Mexico, located in a prolific mineral belt extending from Arizona to Jalisco. Hosts two distinct mineralized zones (an alkaline porphyry system and a high-sulfidation epithermal system) with a historical inferred mineral resource of 77,381 oz Au.

Quantifiable outcome

• 453% share price appreciation during 2025
• +4 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Orex Minerals Inc.coreStrategic or Co-development Partner · 13 March 2026Orex Minerals Inc. sold its 38.79% ownership interest in the Coneto Silver-Gold Project to Silver Viper Minerals as part of an all-share transaction. Upon closing, Orex holds an approximately 7% ownership stake in Silver Viper, maintaining shareholder exposure to Silver Viper's expanded portfolio including La Virginia and Coneto projects. Silver Viper is acquiring Orex's Coneto interest as part of a simultaneous transaction with Fresnillo.
• Nordcore MediaminorGTM or Marketing Partner · 6 November 2025Silver Viper engaged Nordcore Media in conjunction with Red Cloud Securities for marketing and liquidity services, announced November 2025. The engagement is part of the company's broader efforts to increase visibility among U.S. investors following the OTCQX upgrade.
• Red Cloud SecuritiesminorGTM or Marketing Partner · 6 November 2025Silver Viper engaged Red Cloud Securities in conjunction with Nordcore Media for marketing and liquidity services, announced November 2025. Red Cloud Securities also acts as a finder in connection with the company's private placement offerings, receiving cash finder's fees.
• Red Cloud Financial Services Inc.minorGTM or Marketing Partner · 24 September 2019Red Cloud Financial Services Inc. provides investor relations services to Silver Viper Minerals, including assisting with increasing investor awareness and overall market visibility. The agreement was initially for six months at a cost of $10,000 per month. Red Cloud does not hold any direct or indirect interest in the company.
• Belcarra Group Management Ltd.coreStrategic or Co-development PartnerSilver Viper Minerals operates under management provided by Belcarra Group Management Ltd., which is comprised of highly qualified mining professionals. Belcarra Group provides corporate management, technical oversight, and strategic guidance to the company.
• Globexplore Drilling Corp.minorImplementation/ SI/ Consulting PartnerSilver Viper engaged Hermosillo-based drill contractor Globexplore Drilling Corp. for diamond drilling operations at the La Virginia Gold-Silver Project. The contractor has been used for multiple drilling phases including the Phase II program at El Rubi.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• MAG Silver Corp. Mexico-focused silver exploration and development company with primary asset at Juanicipio in Zacatecas. Directly comparable to Silver Viper as a junior-mid-tier silver explorer leveraging Mexico's prolific silver belt, although MAG is more advanced toward production.
• Vizsla Silver Corp. Canadian junior advancing the Panuco silver-gold project in Sinaloa, Mexico. Closely comparable to Silver Viper's Cimarron project in the same state and to its overall silver-gold exploration model in Mexico.
• New Pacific Metals Corp. Canadian junior developing the Silver Sand silver project in Bolivia. Comparable as a publicly listed silver-focused explorer with single-asset concentration, though operating in a different geography.
• Silver Tiger Metals Inc. Junior advancing the El Tigre silver-gold project in Sonora, Mexico — the same state as Silver Viper's La Virginia project. Comparable as a district-scale epithermal silver-gold explorer in the Sierra Madre belt.
• GoGold Resources Inc. Canadian junior silver-gold producer with operations in Mexico (Parral tailings project). Comparable as a publicly listed Mexico-focused silver-gold developer of similar size and stage.
• Orex Minerals Inc. Junior silver-gold explorer that previously co-owned Coneto with Fresnillo before selling its stake to Silver Viper. Directly comparable as a peer-stage Mexico silver-gold explorer and former joint venture partner.

Broad incumbents

• First Majestic Silver Corp. Established silver producer with multiple Mexican operations. Comparable as a major Mexico-focused silver company, though First Majestic is several stages ahead of Silver Viper in the development pipeline.
• Endeavour Silver Corp. Mid-tier silver-gold producer operating three mines in Mexico (Guanaceví, Bolañitos, Terronera). Comparable as a Mexican-focused silver company, but Endeavour is a producing incumbent versus Silver Viper's exploration stage.
• Pan American Silver Corp. Major silver producer that previously held the La Virginia claims before Silver Viper's option agreement. Comparable as a major in Mexico's silver belt and a logical potential acquirer of Silver Viper's assets.

Others

• Fresnillo plc: The world's largest primary silver producer and Silver Viper's strategic partner/shareholder at Coneto. Relevant as the natural strategic acquirer of Silver Viper's Mexican silver assets and as the benchmark Mexican silver incumbent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/silvervipercorp
• Facebookfacebook.com/SilverViperMinerals
• LinkedInlinkedin.com/company/silver-viper-minerals-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds12 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Silver Viper Minerals